Energy Transfer Appeals DoE Rejection of Lake Charles LNG Export License
05.26.2023 By - NEWS

May 26, 2023 [Seeking Alpha]- Energy Transfer (NYSE:ET) has appealed the U.S. Department of Energy’s recent decision not to extend its export authorization for the Lake Charles LNG terminal, Bloomberg reported Tuesday.


Energy Transfer (ET) criticized the decision, saying in a filing it caused one potential customer to suspend contract talks.

The DoE’s denial violated U.S. law governing such regulations, “raising serious constitutional concerns of lack of due process and impermissible takings,” the company wrote.

Energy Transfer (ET) said it needed a three-year extension in order to accommodate unplanned delays and “severe shortages” of equipment needed to build the Lake Charles project.

In April, the DoE rejected the company’s request for another extension of its deadline to begin exports from the planned export terminal in Louisiana.

The extension would have pushed a December 2025 deadline out to December 2028; the DoE first issued an export authorization for the project in 2016 and granted an extension in 2020.

Lake Charles LNG has secured long-term contracts covering 7.9M metric tons/year of capacity and is in talks for additional long-term offtake agreements that include preliminary deals with two Japanese customers.

Pro Trial: Access 12,600 Tank Terminal and Production Facilities

12,600 tank storage and production facilities as per the date of this article. Click on the button and register to get instant access to actionable tank storage industry data

Sempra Targets Cameron LNG Expansion FID in H1 2025
02.29.2024 - NEWS
February 29, 2024 [LNG Prime]- US LNG exporter Sempra Infrastructure, a unit of Sempra, expects t... Read More
Gastrade: Greece’s first FSRU to Start Commercial Ops by End of April
02.29.2024 - NEWS
February 29, 2024 [LNG Prime]- Greece’s Gastrade expects to launch commercial operations at its... Read More
NFE Expects to Launch Altamira LNG Production in March
02.29.2024 - NEWS
February 29, 2024 [LNG Prime]- US LNG firm New Fortress Energy expects to start production of liq... Read More
Commonwealth LNG Pushes Back FID to H1 2025
02.29.2024 - NEWS
February 29, 2024 [LNG Prime]- Commonwealth LNG has postponed a final investment decision on its ... Read More